IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2024-39.html

Institutional change and persistence: What does the long-run evidence tell us?

Author

Listed:
  • Antonio Savoia
  • Kunal Sen
  • Abrams M.E. Tagem

Abstract

There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a systematic econometric investigation of long-run patterns of institutional change, offering panel time series evidence that allows for different forms of country-specific heterogeneity and cross-section dependence.

Suggested Citation

  • Antonio Savoia & Kunal Sen & Abrams M.E. Tagem, 2024. "Institutional change and persistence: What does the long-run evidence tell us?," WIDER Working Paper Series wp-2024-39, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2024-39
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2024-39-institutional-change-and-persistence.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. J. Behrman & T.N. Srinivasan (ed.), 1995. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 3, number 4.
    2. Timothy Besley & Hannes Mueller, 2018. "Predation, Protection, and Productivity: A Firm-Level Perspective," American Economic Journal: Macroeconomics, American Economic Association, vol. 10(2), pages 184-221, April.
    3. Yifu Lin, Justin & Nugent, Jeffrey B., 1995. "Institutions and economic development," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 38, pages 2301-2370, Elsevier.
    4. Pranab Bardhan, 2005. "Institutions matter, but which ones?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(3), pages 499-532, July.
    5. Hall, Peter A. & Gingerich, Daniel W., 2009. "Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis," British Journal of Political Science, Cambridge University Press, vol. 39(3), pages 449-482, July.
    6. Kapetanios, G. & Pesaran, M. Hashem & Yamagata, T., 2011. "Panels with non-stationary multifactor error structures," Journal of Econometrics, Elsevier, vol. 160(2), pages 326-348, February.
    7. J. Behrman & T.N. Srinivasan (ed.), 1995. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 3, number 3.
    8. Daron Acemoglu & Simon Johnson & James Robinson, 2005. "The Rise of Europe: Atlantic Trade, Institutional Change, and Economic Growth," American Economic Review, American Economic Association, vol. 95(3), pages 546-579, June.
    9. Paldam, Martin, 2024. "Income, growth, and democracy looking for the main causal directions in the nexus," European Journal of Political Economy, Elsevier, vol. 83(C).
    10. Van Bavel, Bas, 2015. "History as a laboratory to better understand the formation of institutions," Journal of Institutional Economics, Cambridge University Press, vol. 11(1), pages 69-91, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Philippe DULBECCO, 2000. "The Dynamics of the Institutional Change and the Market Economy: An Austrian Analysis," Working Papers 200010, CERDI.
    2. McMahon, Gary, 1997. "Applying economic analysis to technical assistance projects," Policy Research Working Paper Series 1749, The World Bank.
    3. Philip Franses & Rianne Legerstee, 2014. "Statistical institutes and economic prosperity," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(1), pages 507-520, January.
    4. Jean-Paul Faguet & Fabio SÔøΩnchez & Marta-Juanita Villaveces, 2015. "Land Reform, Latifundia and Social Development at Local Level in Colombia, 1961-2010," Documentos CEDE 12569, Universidad de los Andes, Facultad de Economía, CEDE.
    5. Philippe Dulbecco & Marie-Françoise Renard, 2003. "Permanency and Flexibility of Institutions: The Role of Decentralization in Chinese Economic Reforms," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(4), pages 327-346, December.
    6. Arup Maharatna, 2008. "Development of What? An Exposition of the Politics of Development Economics," Working Papers id:1819, eSocialSciences.
    7. P. B. Anand & Roger Perman, 1999. "Preferences, inequity and entitlements: some issues from a CVM study of water supply in Madras, India," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(1), pages 27-46.
    8. Anthony W. Persaud & Terre Satterfield & Eliana Macdonald, 2020. "Counter-institutionalizing First Nation–Crown relations in British Columbia," Environment and Planning A, , vol. 52(8), pages 1602-1621, November.
    9. Yifu, Justin & Wang, Yan, 2009. "China's Integration with the World: Development as a Process of Learning and Industrial Upgrading," Policy Research Working Paper Series 4799, The World Bank.
    10. Campos, Nauro F., 2000. "Context is everything : measuring institutional change in transition economies," Policy Research Working Paper Series 2269, The World Bank.
    11. John Knight & Sai Ding, 2008. "Why has China Grown so Fast? The Role of Structural Change," Economics Series Working Papers 415, University of Oxford, Department of Economics.
    12. Hollis, Aidan & Sweetman, Arthur, 2001. "The life-cycle of a microfinance institution: the Irish loan funds," Journal of Economic Behavior & Organization, Elsevier, vol. 46(3), pages 291-311, November.
    13. Michele Peruzzi & Alessio Terzi, 2018. "Growth Accelerations Strategies," Growth Lab Working Papers 112, Harvard's Growth Lab.
    14. Assuncao, Juliano J. & Ghatak, Maitreesh, 2003. "Can unobserved heterogeneity in farmer ability explain the inverse relationship between farm size and productivity," Economics Letters, Elsevier, vol. 80(2), pages 189-194, August.
    15. Londoño, Juan Luis & Székely, Miguel, 1997. "Persistent Poverty and Excess Inequality: Latin America, 1970-1995," IDB Publications (Working Papers) 6092, Inter-American Development Bank.
    16. Temple, Jonathan & Ying, Huikang, 2014. "Life During Structural Transformation," CEPR Discussion Papers 10297, C.E.P.R. Discussion Papers.
    17. Anett John, 2020. "When Commitment Fails: Evidence from a Field Experiment," Management Science, INFORMS, vol. 66(2), pages 503-529, February.
    18. Stuart, Sheila, 2014. "Situation of unpaid work and gender in the Caribbean: The measurement of unpaid work through time-use studies," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 36619, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    19. Timothy Besley & Robin Burgess, 2000. "Land Reform, Poverty Reduction, and Growth: Evidence from India," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(2), pages 389-430.
    20. Garza-Rodriguez, Jorge, 2016. "The determinants of poverty in the Mexican states of the US-Mexico border," MPRA Paper 71523, University Library of Munich, Germany.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2024-39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.